File this one under foregone conclusions: “$100 oil would have a big political impact” by Gideon Rachman in the Financial Times. Mr. Rachman argues that the implications include more spending by Hugo Chavez abroad and more money for Hezbollah from Iran, worsening human rights from oil exporters like the Sudan, and a dramatic increase in anxiety for Europe to construct a common policy toward Russia. But as long as countries like Germany and the Netherlands continue prioritizing bilateral deals, argues Rachman, the common EU policy won’t get anywhere. A real bouquet of predictions here. Excerpts after the jump.